Nxt and Ardor are two blockchain platforms developed by Jelurida. Nxt is an open source application platform that allows the creation of other blockchains. Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility. Ardor is targeted for the enterprise sector and is designed to help businesses integrate blockchain technology. Ardor is 100% Proof of Stake, therefore it's fast with a transaction time of 60 seconds or less.
NXT price has been surging the last few days, along with most of the altcoins or course. NXT is interesting in particular because at the beginning of December 2017, they announced an airdrop of free IGNIS tokens before the launch of Ardor.
The IGNIS Token Sale is now over. The remaining 500 million IGNIS will be given away as a free airdrop to all NXT cryptocurrency owners in the last week of December. Owning NXT is your last chance to get IGNIS before the Jan 1st launch. Purchase NXT on exchanges such as Bittrex, Poloniex, ShapeShift, Changelly, and more.
The snapshot will determine NXT account balances and half of all IGNIS coins will be distributed automatically at 1 NXT = 0.5 IGNIS ratio.
The first child chain of Ardor will be the Ignis child chain, and IGNIS tokens will be used for its operation. You can read more about the airdrop here, it's not too long: https://www.ardorplatform.org/ignis—first-childchain
The clock is ticking, here are the scheduled deadlines
- Ardor launch: 1 January 2018
- NXT snapshot: 28 December 2017
- IGNIS Airdrop: 1 January 2018
Major exchanges are supporting the NXT Snapshot and the IGNIS Airdrop
https://nxtplatform.org/exchanges-supporting-nxt-snapshot-ignis-airdrop/
- Bittrex
- AEX
- HitBTC
- Bitcoin Indonesia
- Freewallet
- Upbit
- Stocks.Exchange
Those exchanges have made statements about supporting the airdrop. Links can be found here: https://www.jelurida.com/ico
However, to be absolutely certain to receive the IGNIS airdrop, you must hold the NXT in your wallet, i.e. in an account to which you know the password!!!
You can get the wallet from here https://nxtplatform.org/download/ or get the latest version from Jelurida's mainpage at https://www.jelurida.com/
All platforms are supported and the instructions are easy http://nxtwiki.org/wiki/Getting_Started
I did a small transfer from Bittrex to my freshly installed wallet, the Bittrex transaction fee was 2 NXT. Regular wallet fees are 1 NXT.
And by the way, Bittrex has been doing some intermittent maintenances on the NXT wallets, users are probably overloading the system with wallet transfers.
Current trading prices
NXT was trading around $0.50 at the beginning of December 2017, so it shot up 4x since then.
Although during the airdrop 1 NXT will give 0.5 IGNIS, in market price terms that's the equivalent of having a 1:1 USD ratio. So if you buy $100 worth of NXT, you get $100 worth of IGNIS for FREE, assuming that those prices remain the same, or better, when the airdrop occurs.
DISCLAIMER: I'm not a financial nor a professional adviser. I formulate my opinions based on my research and interpretation of market news and chart analysis. If you're not a professional investor, please educate yourself before doing any market trading and don't risk more than you can afford to lose.
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Following the Ignis drop there will also be a drop of SWIFT to hodlers of the IGNIS token. I also have to believe that long term HODLing of NXT will lead to more drops of child chain tokens.
I got 1000 NXT while it was around 60 cents. Pretty happy with this investment so far!
Nice. Always feels good to buy cheap and prices rise, then get free tokens as a bonus 😀
Let's be honest though, it'll be a big red candle on the NXT chart this week.
Then buy the dip :)
There's definitely an opportunity there
But I'm curious, what makes you say there will be a red candle this week? The regular market fluctuations? Or do you know something we don't know 😉
Goddamn man, there is 2 much to keep track of ... Do you own a ledger or how do u keep track of your stuff?
I keep track of my coins on exchanges and in offline wallets. All manual.
I actually just purchased some NXT. I didn't know about the Ignis token drop, and that is awesome. If I get lucky I can get my hands on some more NXT before the 28th. :D
I'm waiting for the NXT price to drop a bit so I can load.
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